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CIF Bremen Cotton Index continue to decline this week
10
Jul '14
In response to the movements in New York, the CIF Bremen index continued to decline as well; remaining considerably firmer, though, since this index considers quotes of promptly available cotton and high standard qualities. 
 
Merchants did record some inquiries from the spinners and could sell necessary amounts for production right after the holidays at last; yet, in general, purchasers practised reservation awaiting further decreasing prices.
 
Contracts were concluded for:
-Medium staple cotton: West Africa for prompt, Central Asia for prompt up to the 4th quarter 2014 and Greece for the 3rd quarter 2014.
-Long and Extra-Long staple cotton: Israel Pima for prompt.
 

Bremen Cotton Exchange

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